The Indian stock market extended its winning streak for the second consecutive week, with both the Sensex and Nifty gaining around 1% each. However, despite the strong performance throughout the week, markets failed to hold on to early gains on Friday, closing in the red. The BSE Sensex dipped 192 points to settle at 77,415, while the NSE Nifty declined by 73 points, ending at 23,519.
Several Nifty 50 stocks witnessed significant gains this week, with Bajaj Finserv, Grasim Industries and UltraTech Cement leading the charge. Let’s take a look at the top gainers of Nifty 50 this week, as per Trendlyne data.
Nifty 50 Top Gainers This Week
1. Bajaj Finserv
Current Price: ₹2007.4
Weekly Gain: 8.7%
Bajaj Finserv emerged as the top gainer of the week, rising by 8.7%.
2. Grasim Industries
Current Price: ₹2611.2
Weekly Gain: 5.7%
Grasim Industries secured the second spot with a 5.7% increase in its stock price.
3. UltraTech Cement
Current Price: ₹11509.6
Weekly Gain: 4.9%
UltraTech Cement continued its upward trajectory with a 4.9% gain.
4. Kotak Mahindra Bank
Current Price: ₹2171.2
Weekly Gain: 4.4%
Kotak Mahindra Bank recorded a 4.4% weekly gain.
5. Tata Consumer Products
Current Price: ₹1001.9
Weekly Gain: 4.2%
Tata Consumer Products gained 4.2% this week.
6. Trent
Current Price: ₹5325.2
Weekly Gain: 3.4%
Trent witnessed a 3.4% increase in stock price.
7. HDFC Bank
Current Price: ₹1828.2
Weekly Gain: 3.3%
HDFC Bank’s stock rose by 3.3%. this week.
8. Axis Bank
Current Price: ₹1102.0
Weekly Gain: 3.0%
Axis Bank gained 3.0% this week.
9. Hero MotoCorp
Current Price: ₹3723.0
Weekly Gain: 2.6%
Hero MotoCorp saw a 2.6% rise in stock value.
10. Power Grid Corporation
Current Price: ₹290.4
Weekly Gain: 2.6%
Power Grid Corporation registered a 2.6% gain this week.
Disclaimer: The information provided is for informational purposes only and should not be considered financial or investment advice. Stock market investments are subject to market risks. Always conduct your own research or consult a financial advisor before making investment decisions. Author or Business Upturn is not liable for any losses arising from the use of this information.
